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and i see a lot of this idea about how we're going to get deficits under control and in plans in time courtesy of tax hikes, but not a lot of spending cuts. >> well, a couple things. first of all, if you look at this budget, it shows the that the deficits are steadily decreasing, year by year. as you know, we've cut them in half over the last four years. and this budget puts the them on a continuing downward trajectory, number one. >> but they are still relying on tax hikes. $1 trillion worth over the next year. and i'm wondering, where are the savings? because the president and republicans, too, there were no fair players on this, they reversed what were going to be minor cost of living juchlgts in the last deal. they scrapped that altogether. writes the will for getting this under control? >> two things. i think if you look in the medicare area, the president's budget identifies some additional efficiencieefficienc that are saved, that are cut, not by harming beneficiaries, but by reducing and continue to reduce some of the overpayments to the private insurance companies, by changin
and i see a lot of this idea about how we're going to get deficits under control and in plans in time courtesy of tax hikes, but not a lot of spending cuts. >> well, a couple things. first of all, if you look at this budget, it shows the that the deficits are steadily decreasing, year by year. as you know, we've cut them in half over the last four years. and this budget puts the them on a continuing downward trajectory, number one. >> but they are still relying on tax hikes. $1...
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Feb 28, 2014
02/14
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morning, the last year or so, put the irs and rulemaking authority on the front page, and the trust deficit, lies between those who enforce the law. and fairly and impartially, we know it hasn't been occurring and mr. serrano and mr. george had a dialogue you. your point was one that i was going to make, it was in may of 2013 when lois lerner came out and apologized and said it was inappropriate to make comments to that regard. i think regardless of the original motive that is what we're trying to determine, how this happens, the motivations, let's talk about what happened and we will litigate who did what and do that and in this moment i want to move forward a bit and say what we doing to ensure this doesn't happen again. we talked about nine recommendations and their implementation, in your testimony both written and to the chairman's question that they're following the recommendations of the like to talk about the final 1 c 4 and rules that are proposed now, legislation before the house on this, this has become a bipartisan moment of condemnation. the aclu arguing that these are putting
morning, the last year or so, put the irs and rulemaking authority on the front page, and the trust deficit, lies between those who enforce the law. and fairly and impartially, we know it hasn't been occurring and mr. serrano and mr. george had a dialogue you. your point was one that i was going to make, it was in may of 2013 when lois lerner came out and apologized and said it was inappropriate to make comments to that regard. i think regardless of the original motive that is what we're trying...
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Mar 6, 2014
03/14
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let's consider the deficit reduction that has occurred since the high deficit watermark achieved in the school year 2009. from the deficit of over $1.4 trillion in net year the deficit fell to a still high $680 billion in fiscal year 2013. of the $736 billion in deficit reduction, $670 billion came from increased revenue and only $66 million came from reduced outlays so in terms of budget realizations rather than promises for the future less than 9% of the deficit reduction between 2009 and 2013 came from reductions in spending. the vast majority came from increased revenue yet remarkably in the face of that history the administration's insatiable desire for higher taxes leads it to propose more tax hikes along with even more spending. put simply the tax hikes envisioned in the president's budget are not what our struggling economy needs. unfortunately while having pledged to focus like a laser on jobs this administration decided over the last five years to focus on expanding government with a failed stimulus, the affordable care act and initiatives like the dodd-frank act that is growi
let's consider the deficit reduction that has occurred since the high deficit watermark achieved in the school year 2009. from the deficit of over $1.4 trillion in net year the deficit fell to a still high $680 billion in fiscal year 2013. of the $736 billion in deficit reduction, $670 billion came from increased revenue and only $66 million came from reduced outlays so in terms of budget realizations rather than promises for the future less than 9% of the deficit reduction between 2009 and...
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Feb 27, 2014
02/14
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let's start with the incredible deficit and the size of government. >> we have a tax problem and a spendi problem. and it basically came to a grounding al. lou: what are you going to do about lois lerr? dirty have the attorney general in contempt. what are you going to do a former senior irs offcial? he's basically told you guys to buzz off. i have a bill, hrr 1950 that iminalizes this action. lou: retroactively? >> the questio is what are you going to do about lois lerner who has told you guys to buzz off. >> we are going to make certain that there are two aspects of the story are told. hold people accountable and find out who did this. and you move forward with the legislation that holds people accountable if it haapens again. and i think the american people are shocked at what has occurred at the irs that the administration is doing nothing and we are going to work diligentlto hold these people accountable to make re this doesn't happen again. lou: no one is a bbgger fan of darrell issa than i am. and i think you know that. you and your committee have done brilliant work. i do think th
let's start with the incredible deficit and the size of government. >> we have a tax problem and a spendi problem. and it basically came to a grounding al. lou: what are you going to do about lois lerr? dirty have the attorney general in contempt. what are you going to do a former senior irs offcial? he's basically told you guys to buzz off. i have a bill, hrr 1950 that iminalizes this action. lou: retroactively? >> the questio is what are you going to do about lois lerner who has...
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Feb 27, 2014
02/14
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let's start with the incredible deficit and the size of government. >> we have a tax problem and a spending problem. and it basically came to a grounding all. lou: what are you going to do about lois lerner? dirty have the attorney general in contempt. what are you going to do a former senior irs official? he's basically told you guys to buzz off. i have a bill, hr 1950 that criminalizes this action. lou: retroactively? >> the question is what are you going to do about lois lerner who has told you guys to buzz off. >> we are going to make certain that there are two aspects of the story are told. hold people accountable and find out who did this. and you move forward with the legislation that holds people accountable if it haapens again. and i think the american people are shocked at what has occurred at the irs that the administration is doing nothing and we are going to work diligently to hold these people accountable to make sure this doesn't happen again. lou: no one is a bbgger fan of darrell issa than i am. and i think you know that. you and your committee have done brilliant work. i d
let's start with the incredible deficit and the size of government. >> we have a tax problem and a spending problem. and it basically came to a grounding all. lou: what are you going to do about lois lerner? dirty have the attorney general in contempt. what are you going to do a former senior irs official? he's basically told you guys to buzz off. i have a bill, hr 1950 that criminalizes this action. lou: retroactively? >> the question is what are you going to do about lois lerner...
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Mar 5, 2014
03/14
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extra spending by definition adds to the deficit. by the way, to be fair here cbo is saying it will be a billion. but excuse me, 18. >> 8 billion. >> and well, the point is, they are claiming to get the money back eventually once obama care begins to pay off. the money that we spend on tarp spending, most of that money was paid back and there are precedents for companies that receive bail outs and paying back that money. it is anybody's guess. and judging on the basis of how obama care has gone so far, i don't think there is a good odd chance that the money will be paid back. president obama's budget that was released yesterday proposes to give hhs, health and human services now a trillions more. >> it is unbelievable. a trillion dollars would have been the entire budget and throw in the defense and everything. trillion shoes the commitment of the administration to all of the programs for the poor. we haven't seen an administration fund this much and spend this much money in the transfer payments is what we call the money with food s
extra spending by definition adds to the deficit. by the way, to be fair here cbo is saying it will be a billion. but excuse me, 18. >> 8 billion. >> and well, the point is, they are claiming to get the money back eventually once obama care begins to pay off. the money that we spend on tarp spending, most of that money was paid back and there are precedents for companies that receive bail outs and paying back that money. it is anybody's guess. and judging on the basis of how obama...
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Mar 2, 2014
03/14
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we're talking about the deficits at the end of the -- >> i am talking about the deficits. the deficits go up. >> we'll submit a budget in a couple days. >> what were you going to say senator portman? >> no, chris, look, we clearly have a growing debt problem. this is the most predictable crisis in the country. the president refuses to deal it with. if you look at his budget last year, it barely had deficit reduction relative to what would happen otherwise. in other words, there was a slight decrease in the deficit. you would hope there would be a significant one. but the only reason there was was because there was a provision in there about a more accurate measure of inflation under the cpi and social security. we now hear that he's actually going to take that out of the budget at a time when social security has a $63 billion short fall every year at a time again when we were told by this nonpartisan congressional budgets office things are getting worse not better. if he takes that out as he's going to do based on the leaks because it's a partisan political year, he's not
we're talking about the deficits at the end of the -- >> i am talking about the deficits. the deficits go up. >> we'll submit a budget in a couple days. >> what were you going to say senator portman? >> no, chris, look, we clearly have a growing debt problem. this is the most predictable crisis in the country. the president refuses to deal it with. if you look at his budget last year, it barely had deficit reduction relative to what would happen otherwise. in other...
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Mar 3, 2014
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i think it is important to put in perspective that the budget deficit is not being driven by spending on domestic programs like this. it is driven by a slow economy. >> certainly entitlements. >> no. >> 60 percent of it. >> alisyn. that was my next point. but this is different from medicare and social security right? you look at the overall budget it is misleading for the republicans to tell the american people if they can get the budget deficit in better shape by cutting programs. it is it a very, very small part of the overall budget. we can always make government work better and i trust paul ryan is coming from an honest point. >> the war on poverty 50 years later. >> last thing you expect to interrupt your grocery shopping right here. >> i thought he was going to stop but he kept on driving through. >> you will learn who is behind the wheel. you will see that in a moment. >> plus matthew mcconaughey injecting faith in hollywood's glamous night. >> first of all i want to thank god. i look up to it him. he graced my life with opportunities that are not of my hand or other human hand
i think it is important to put in perspective that the budget deficit is not being driven by spending on domestic programs like this. it is driven by a slow economy. >> certainly entitlements. >> no. >> 60 percent of it. >> alisyn. that was my next point. but this is different from medicare and social security right? you look at the overall budget it is misleading for the republicans to tell the american people if they can get the budget deficit in better shape by...
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Mar 6, 2014
03/14
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the deficit is a problem, no question about it. we've made good progress on the deficit. i would posit the number one problem facing america is the decline of middle class incomes. it affects our economy in so many ways. it affects our politics. it affects our whole way of being as americans. doing the kinds of things you have done in the budget, both in terms of tax, such as the earned american opportunity tax credit, the provision that i helped author and worked with you to extend, making it permanent is great. the child tax credit and on the spending side i know is not your department, but doing investments and infrastructure and education and research. those are the ways to get the middle class moving again and have my highest priority. i have a couple of questions here on specifics. the first is on the as pire act. i know the chairman mentioned it in his opening remarks. it's so important because one of the greatest block is savings and assets to many americans. 19 appearance of new york households and 31 appearance of households nationwide have no savings account. t
the deficit is a problem, no question about it. we've made good progress on the deficit. i would posit the number one problem facing america is the decline of middle class incomes. it affects our economy in so many ways. it affects our politics. it affects our whole way of being as americans. doing the kinds of things you have done in the budget, both in terms of tax, such as the earned american opportunity tax credit, the provision that i helped author and worked with you to extend, making it...
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Mar 2, 2014
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in other words, there was a slight decrease in the deficit. you would hope there would be a significant one. but the only reason there was was because he had a provision in there about a more accurate measure of inflation under the cpi and social security. we now hear that he's actually going to take that out of the budget at a time when social security has a $63 billion shortfall every year, at a time again when we're told by this nonpart sap congressional budget office things are getting worse, not better. so if he takes that out as apparently he'll do businessed on the leaks because it's partisan political year, he's not going to have any can he have deficit reduction. so if that is true, boy, again, this is not responsible.he have deficit reduction. so if that is true, boy, again, this is not responsible. this is not responsive to what is really happening. >> let me bring in congressman van hollen. what we're talking about by far the biggest part of the budget and that is entitlements. last year as part of the budget, the president include
in other words, there was a slight decrease in the deficit. you would hope there would be a significant one. but the only reason there was was because he had a provision in there about a more accurate measure of inflation under the cpi and social security. we now hear that he's actually going to take that out of the budget at a time when social security has a $63 billion shortfall every year, at a time again when we're told by this nonpart sap congressional budget office things are getting...
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Mar 4, 2014
03/14
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the president is going to miss an opportunity to deal with the debt and deficit and entitlement reform and all of those things. this president likes his government super sized. this budget will never balance. and i think the president wants taxpayers to pay more so that washington can spend more >> what i read is he is asking for million in new spending. does that go anywhere? >> i don't think it does. last time he had a budget, not even any of the democrats voted for it. his policies make it harder to get back to work. >> $17.4 trillion is the debt clock. that is ridiculous. in three years from now, you will be $19 trillion? how is that acceptable to anybody? trying balance a book in washington, d.c. >> what we will see is the fastest growing part of the budget is interest on the debt. the president added $6.9 trillion in the debt. this continues to be a driving issue for the country. you know, we are not going to be able to sustain the safety net with this debt and interest. >> i think the viewers get it, too. what other republican options do we have? >> the options are to say let's
the president is going to miss an opportunity to deal with the debt and deficit and entitlement reform and all of those things. this president likes his government super sized. this budget will never balance. and i think the president wants taxpayers to pay more so that washington can spend more >> what i read is he is asking for million in new spending. does that go anywhere? >> i don't think it does. last time he had a budget, not even any of the democrats voted for it. his...
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at a time when our deficit has been cut in half it allows us to meet op gagbligations of future generations without leaving them a mountain of debt. >> the budget will impact the bottom line for most americans for better and also for worse. the earned income tax credit expands eligibility to ages 20-24 and older workers ages 55 to 66. it is to offset payroll and intomorr income taxes but it will close the loophole that is allow higher income workers to avoid similar. my irs it allows them to save retirement. they back savings up to 15,000 and rolls it into a traditional irs. college care tax breaks which would give 1.71 families an average tax cut. this budget like the previous two are certain to take an uphill battle in congress. tough battle ahead for this one. >>> the time is 10 minutes to the top of the hour almost. an experienced pilot gets a rude awakening from one of the passengers. wait until you hear what his note says. >> a baby brought to tears through a sight on tv. >> who this little one can't stand to look at. >> did you recognize it? >> wait to hear that one. >> can't wait to
at a time when our deficit has been cut in half it allows us to meet op gagbligations of future generations without leaving them a mountain of debt. >> the budget will impact the bottom line for most americans for better and also for worse. the earned income tax credit expands eligibility to ages 20-24 and older workers ages 55 to 66. it is to offset payroll and intomorr income taxes but it will close the loophole that is allow higher income workers to avoid similar. my irs it allows them...
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Feb 26, 2014
02/14
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he's going to turn away from deficit reduction, go to government spending. he doesn't call it stimulus, spending but instead calls it investment. infrastructure, highway repair issues will create jobs and help obviously in terms of rebuilding the country. the president in the blue state of minnesota rather than going to red states, more republican states where health care may be unpopular. interesting. bill clinton as you know was in kentucky trying to help out alison grimes, a democratic senate candidate trying to take the seat currently held by republican mitch mcconnell. when senate majority leader harry reid was pressed on why president obama isn't going out to red states, he had an interesting answer. >> we have one president that's been going every place and that's clinton. he's traveling around campaigning for everybody doing a great job. >> there you have the top senate democrat suggesting the former president may be a better asset right now than the current president. bottom line, though, of course, we'll see president obama, current president, rais
he's going to turn away from deficit reduction, go to government spending. he doesn't call it stimulus, spending but instead calls it investment. infrastructure, highway repair issues will create jobs and help obviously in terms of rebuilding the country. the president in the blue state of minnesota rather than going to red states, more republican states where health care may be unpopular. interesting. bill clinton as you know was in kentucky trying to help out alison grimes, a democratic...
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administration made adjustments to it to make sure it would be deficit neutral or project to be deficit neutral. all of this the administration according to official he doesn't think there are anymore major changes on the way for obamacare by end of this year, but still another accommodation the administration announcing now. if you like your plan you can keep it. the president had to make the change to the administration's law to do so. that accommodation is extended for two more years after the next presidential election. back to you. david: some people call that risk corridor a bailout. we'll wait and see. thank you very much, rich. >>> fireeye shares are soaring right now. they're up more than 8%. let's head back to adam shapiro on the floor of the new york stock exchange. adam. >> not bad for a company which had its ipo in december. daniel ives raised his price target to $100 up from $90. they hit a new high, $97.35. year-to-date the security firm shares are up 118%. one. new billionaire on the forbes list is founder. this company again the ipo in september. the company has been ar
administration made adjustments to it to make sure it would be deficit neutral or project to be deficit neutral. all of this the administration according to official he doesn't think there are anymore major changes on the way for obamacare by end of this year, but still another accommodation the administration announcing now. if you like your plan you can keep it. the president had to make the change to the administration's law to do so. that accommodation is extended for two more years after...
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Feb 27, 2014
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right away there is a deficit, no. >> no the president is not the one doing that there is somebody at a cabinet level who doing most of that work. i think we have seen. we have had secretaries of state, we had condoleezza rice. we had hillary clinton who have been able to interact with these people. >> let me throw this at you because i know this is going to happen. say hillary clinton, and she is the only woman in play right now is elected. you know the chinese are going to test her right away. they are going to move warships into certain areas and they are going to bing bing bing. let's see what we have here. they did the same thing with barack obama. they tested. they tested. they tested. all right, to see what he has barack obama dropped drones on him and i think hillary clinton absolutely would drop drones on them. i think she would probably up the drone drop knowing mrs. clinton. putin is going to do it. chinese going to do it. certainly north korea is going to do it. they will snatch okay americans. they will kidnap them. he they will do all of that just to see how it goes, kat
right away there is a deficit, no. >> no the president is not the one doing that there is somebody at a cabinet level who doing most of that work. i think we have seen. we have had secretaries of state, we had condoleezza rice. we had hillary clinton who have been able to interact with these people. >> let me throw this at you because i know this is going to happen. say hillary clinton, and she is the only woman in play right now is elected. you know the chinese are going to test...
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Mar 6, 2014
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scarlet johansen also suffered from gpd, geographical pointing deficit, as she pointed to the west coast predicting snow. and snooki had to address her own areas of low cut pressure. the pressure was anything but low on the anchor who had to toss to prince charles, calling him your highness. >> well, it's an unsettled picture. >> the prince found the script to be a royal pain. >> who the hell wrote this script? >> reporter: but who needs to dabble in doppler when you can dance across the weather map, which is what tom hanks did on unavision, since he couldn't speak spanish. might as well go up and down like barometric pressure, it felt like a rehearsal for dancing with the stars meteorological edition. when the late, great comedian paul lindh did the weather for an ohio station -- he played it dumb. >> 41% chance of twisters. >> reporter: and when confronted by radar -- >> looks like i'm going to be a fortune teller. >> reporter: that was in the late '70s. now in 2014 -- >> and if you didn't understand all this, i'm sure you have an app on your phone. >> reporter: not bad, katy, you made
scarlet johansen also suffered from gpd, geographical pointing deficit, as she pointed to the west coast predicting snow. and snooki had to address her own areas of low cut pressure. the pressure was anything but low on the anchor who had to toss to prince charles, calling him your highness. >> well, it's an unsettled picture. >> the prince found the script to be a royal pain. >> who the hell wrote this script? >> reporter: but who needs to dabble in doppler when you can...
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Mar 6, 2014
03/14
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you are cold, man, this guy put his entire political career on the line and went from a $3.5 billion deficit to a $1 billion surplus, that resonates in this economy. >> jeb bush would beat him 2-1. >> all right, coming up. and koncondoleeza rice, and a liberal professor. one of those professors will join me next as "hannity" continues. [ male announcer ] we know they're out there. you can't always see them. but it's our job to find them. the answers. the solutions. the innovations. all waiting to help us build something better. something more amazing. a safer, cleaner, brighter future. at boeing, that's what building something better is all about. ♪ i can't believe your mom has a mom cave! today i have new campbell's chuy spicy chicken quesadilla soup. she gives me chunky before every game. i'm very souperstitious. haha, that's a good one! haha! [ male announcer ] campbell's chunky soup. it fills you up right. impact wool exports from new zealand, textile poduction in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global
you are cold, man, this guy put his entire political career on the line and went from a $3.5 billion deficit to a $1 billion surplus, that resonates in this economy. >> jeb bush would beat him 2-1. >> all right, coming up. and koncondoleeza rice, and a liberal professor. one of those professors will join me next as "hannity" continues. [ male announcer ] we know they're out there. you can't always see them. but it's our job to find them. the answers. the solutions. the...
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Mar 3, 2014
03/14
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that just covers today's deficit does not touch the $30 trillion unfunded liability. >> it is the attention of the people. everybody can take advantage same thing with medicare. john: what if we phase out the unsustainable entitlements letting the young people opt out? from paul propose that. >> would you consider opting out of the whole system under one condition that you pay 10 percent of your income but you take care of yourself and don't ask the government for anything. [cheers and applause] john: he got a standing ovation. >> that is the liberty to star in the streets as an elderly person? >> i am responsible for myself. >> we're doing real-time experiment you can see the for a 1k programs they have been pretty much a failure. there is a lot of the tax breaks that go to the rich. john: people have been since they can control. >> they are not saving even enough basically and it is difficult for people to save that way. >> people suffer. a bunch of towns have already gone bankrupt one was pritchard alabama. john: recently retired from the fire department after working 35 years. he hoped
that just covers today's deficit does not touch the $30 trillion unfunded liability. >> it is the attention of the people. everybody can take advantage same thing with medicare. john: what if we phase out the unsustainable entitlements letting the young people opt out? from paul propose that. >> would you consider opting out of the whole system under one condition that you pay 10 percent of your income but you take care of yourself and don't ask the government for anything. [cheers...
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Feb 27, 2014
02/14
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but it gets better, how much would this reduce the deficit? because we all know nothing animates the republican party more than reducing the deficit. what's that you say? oh, it would increase the deficit by $74 billion over 10 years. impossible. of course, this bill is not going to become law. it is very instructive as a reminder that any actual commitment to legislating our complex business an teen health insurance regime will help create disruptions. the republican strategy to kill obamacare has been to point to the disruptions it has created and it may create and say the end of the world is nye. if they ever got around to implementing their own plan, that would have its own disruptions. this friday, house majority leader eric cantor will meet with leaders to work on putting together what will be billed as the house republican alternative to obamacare. here's my prediction. he could come out of that meeting with two dozen alternatives, but the republican party will actually get behind exactly none of them. not in any real way. that would me
but it gets better, how much would this reduce the deficit? because we all know nothing animates the republican party more than reducing the deficit. what's that you say? oh, it would increase the deficit by $74 billion over 10 years. impossible. of course, this bill is not going to become law. it is very instructive as a reminder that any actual commitment to legislating our complex business an teen health insurance regime will help create disruptions. the republican strategy to kill obamacare...
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Mar 5, 2014
03/14
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the white house budget office projects-- the proposals reduce the federal deficit to $564 billion by 20-15--- taking the defict down by about half of what the obama administration inherited. house speaker john boehner criticized the spending increases, and called it the president's "most irresponsible budget yet." radio shack is on shaky ground with investors...the stock fell 17% yesterday after turning in a larger than expected loss for the 4th quarter. the electronics retailer also plans to close up to 1,100 stores. radio shack's ceo admits the company is partly to blame for the dismal holiday earnings. however, he remains confident in the turnaround plan. a week after online exchange mt. gox lost close to a half- billion dollars' worth of bitcoins to hackers, another exchange says the same thing has happened to them flexcoin has shut down, saying that hackers stole all of its bitcoins -- 600-thousand-dollars' worth. these troubles have not negatively affected the value of bitcoins ---just one is still worth about 700-dollars. that price has rallied since the mt gox hack. a judge i
the white house budget office projects-- the proposals reduce the federal deficit to $564 billion by 20-15--- taking the defict down by about half of what the obama administration inherited. house speaker john boehner criticized the spending increases, and called it the president's "most irresponsible budget yet." radio shack is on shaky ground with investors...the stock fell 17% yesterday after turning in a larger than expected loss for the 4th quarter. the electronics retailer also...
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Mar 5, 2014
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the stronger economy helps fuel the tax burden, helps fuel some of the deficit. if there are things we can do in the administration, the old politics over policy, i think certainly in energy, certainly in several other key areas if we had a better view on policy versus politics, i think we'd see some more robustness. you look at the jobs that are created out of energy and the fracking business, you know, the average employee in theç marcellus, $95,000 a year. 1.3 million jobs, $63 billion in additional tacks. energy independence is at the heart of getting this gdp up and running. >> growth cures all evil. it's great to see you. >> thank you for the opportunity. >> really appreciate it. >>> we have some breaking news now. bertha coombs, what can you tell us? >> the white house says it's going to allow -- to extend the current customers in the transitional plan yaal plans fo two years. 1.5 million individuals and small businesses. they will be renewable through 2016. also boosting 2015 deductibles and out of pocket costs by 4% and they're extending the open enrol
the stronger economy helps fuel the tax burden, helps fuel some of the deficit. if there are things we can do in the administration, the old politics over policy, i think certainly in energy, certainly in several other key areas if we had a better view on policy versus politics, i think we'd see some more robustness. you look at the jobs that are created out of energy and the fracking business, you know, the average employee in theç marcellus, $95,000 a year. 1.3 million jobs, $63 billion in...
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Feb 26, 2014
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came out concluded if you passed obamacare, you were going to save money and was going to help the deficit. i don't even know where they came up with those numbers. then the president had 29 different waivers since that time. so changes in the law. now we know how horrendous the rollout was. now we hear 4 million. the president said it at least five times in the cut we saw. 4 million people have signed up. how many have gone through fulfillment and registered for the program? that's another question. now they expect us to believe that kathleen sebelius never said 7 million. good thing eric has a vcr. >> i think success looks like at least 7 million people having signed up by the end of march 2014. >> yes, that was from my vcr. >> thank you. >> but that's the crazy part. they keep saying things. you know, you're going to save $2500 per family. turns out it's going to cost you $2500 more. you can keep your doctor. you can't keep your doctor. they keep saying things and then months later saying, oh, we never said that. good thing we have those vcrs and tapes and our little editors back there
came out concluded if you passed obamacare, you were going to save money and was going to help the deficit. i don't even know where they came up with those numbers. then the president had 29 different waivers since that time. so changes in the law. now we know how horrendous the rollout was. now we hear 4 million. the president said it at least five times in the cut we saw. 4 million people have signed up. how many have gone through fulfillment and registered for the program? that's another...
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Mar 5, 2014
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address income inequality and further reduce the national deficit. the president's sixth budget will also provide more resources and money toward climate change initiatives and regulating wall street. >> our budget is about choices. it's about our values. as a country we've got to make a decision if we're going to protect tax breaks for the wealthiest americans or make smart investments necessary to create jobs and grow our economy and expand opportunity for every american. >> john boehner calls the president's budget his most irresponsible budget yet. while paul ryan gets on the record saying, quote, this budget isn't a serious document. it's a campaign brochure. >>> over marriage equality, governor steve basheer plans to hire outside counsel. hours earlier, it was an emotional attorney general, jack conway, refusing. he said the appeal this ruling would just be defending discrimination. >> in the end, this issue is really larger than any single person. it's about placing people over politics. for those who disagree, i can only say that i'm doing wh
address income inequality and further reduce the national deficit. the president's sixth budget will also provide more resources and money toward climate change initiatives and regulating wall street. >> our budget is about choices. it's about our values. as a country we've got to make a decision if we're going to protect tax breaks for the wealthiest americans or make smart investments necessary to create jobs and grow our economy and expand opportunity for every american. >> john...
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the farm bill, one of the things that did that get talked about was the significance reduction in the deficit that comes from passing the farm bill. and i wish we could do immigration because there is another $58 billion to be saved it if we were to pass the immigration bill. so all of these bills are not just bills to deal with an apparent problem, but also have tremendous positive impact on our economy and senator reid is correct, if he could get that money, we've already passed the farm bill, so that money is there and it could be used to offset whatever the costs would be to unemployment. though i don't believe you ought to do that. this is an emergency. you ought to treat it as an emergency and not worry about finding a way to pay for it at this particular jupncture. >> dent partment of health and human services has told americans if they like their health insurance, they can keep it another two years. affordable care act compliance is being changed, be extended. doesn't this cut to the spirit of the what you and break it dolaw and break it down is this one rope we passed health care is
the farm bill, one of the things that did that get talked about was the significance reduction in the deficit that comes from passing the farm bill. and i wish we could do immigration because there is another $58 billion to be saved it if we were to pass the immigration bill. so all of these bills are not just bills to deal with an apparent problem, but also have tremendous positive impact on our economy and senator reid is correct, if he could get that money, we've already passed the farm...
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Feb 27, 2014
02/14
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a 30 million more deficit is hard to make up. and if a black or latino kid isn't ready for kindergarten, he's half as likely to finish middle school with strong academic and social skills. so by giving our kids access to high-quality early education and by helping parents get the cools they need to help their children succeed, we can give more kids a better shot at the career they are capable of and the life that will make us all better off. that's point number one, right at the beginning. point number two, if a child can't read well by the time he's in third grade, he's four times less likely to graduate from high school by age 19 than one who can. and if he happens to be poor, he's six times less likely to graduate. so by boosting reading levels, we can help more of our kids make the grade. keep on advancing. reach that day that so many parents dream of coming close and then you start tearing up and that's when they are walking across that stage holding that diploma. number three, we know that latino kids are almost twice as li
a 30 million more deficit is hard to make up. and if a black or latino kid isn't ready for kindergarten, he's half as likely to finish middle school with strong academic and social skills. so by giving our kids access to high-quality early education and by helping parents get the cools they need to help their children succeed, we can give more kids a better shot at the career they are capable of and the life that will make us all better off. that's point number one, right at the beginning....
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here is a look at rain deficit. we had nice rain but we are still nearly 7" below average in san jose, livermore, nearly 8" in sack machine dough and 10" at sfo and 10" at oakland and look at that, 17 in santa rosa. we need six or seven more storms to get average. the visibility is light in santa rosa because we have had the light rain and everyone is okay this morning although the clouds are rolling over us. the day planner the next 12 hours is light rain and middle temperatures from mid-40's to low 50's. the rain will hit the central board of inquiry noon -- the central bay by noon. temperatures top out in the mid-60's inland and mid-to-upper 50's during the evening. we have showers tomorrow morning during the commute and clouds in the afternoon and a mild breeze low 60 to 70 from the coast to inland and another storm on thursday. sue? >> good morning, mike, hello everyone. night light commute so far. if you are traveling mass transit, bart is on time and ace and muni off to a great start. >> there is some floodin
here is a look at rain deficit. we had nice rain but we are still nearly 7" below average in san jose, livermore, nearly 8" in sack machine dough and 10" at sfo and 10" at oakland and look at that, 17 in santa rosa. we need six or seven more storms to get average. the visibility is light in santa rosa because we have had the light rain and everyone is okay this morning although the clouds are rolling over us. the day planner the next 12 hours is light rain and middle...
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they talk about obsessions with deficits and debt. and then they refuse to raise revenue in any form or fashion. >> advertisement reform with the chained cpi last year. they don't back him when he is trying to do what they say they want to do. >> they predicate their position on ignorance. and nobody actually calling them out. i mean, the sound that you played at the beginning of this segment, that's the -- that's all you need to know about the republican party. on the one hand, on the other hand. and in the meantime, if you ever ask them for a meaningful piece of policy, of governable policy, they have nothing. >> you know the guy's running around a big arena, trying to get to the farthest right. well, they always want to be the hardest rail to the right. take a look at lindsey graham here, who seems oftentimes a reasonable guy, but he is so scared of looking reasonable because it will get him killed in south carolina. on twitter he wrote today, isn't it original? it started with benghazi. when you kill americans and nobody pays a pr
they talk about obsessions with deficits and debt. and then they refuse to raise revenue in any form or fashion. >> advertisement reform with the chained cpi last year. they don't back him when he is trying to do what they say they want to do. >> they predicate their position on ignorance. and nobody actually calling them out. i mean, the sound that you played at the beginning of this segment, that's the -- that's all you need to know about the republican party. on the one hand, on...
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Mar 4, 2014
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loophole, we can help create jobs and grow the economy and expand opportunity without adding a dime to the deficit. >> the president also wants to expand the earned income tax credit for the working poor without children. his budget would also expand the child and dependent care tax credit and create automatic iras to help workers save for retirement but it's unlikely those plans will get through congress. he needs legislation to enact all of that and that does not look likely. >>> global markets are rebounding today as investors digest the situation in ukraine. even the dow jones flew out of the gate this morning. alison kosik is over at the new york stock exchange. how much have we bounced back today? >> quite a bit. what a difference a day makes. even the s&p 500 at a record high. the dow up 200 points, 205 points. all 30 stocks in the dow are in the green. very different story yesterday. it was a sea of red. we also saw that turn-around happening overseas, all the way -- there were those down arrows we saw yesterday in europe, asia, russia, they all turned up today. analysts say investors toda
loophole, we can help create jobs and grow the economy and expand opportunity without adding a dime to the deficit. >> the president also wants to expand the earned income tax credit for the working poor without children. his budget would also expand the child and dependent care tax credit and create automatic iras to help workers save for retirement but it's unlikely those plans will get through congress. he needs legislation to enact all of that and that does not look likely....
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Feb 28, 2014
02/14
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many of those programs focus on personal character traits, which is you have a deficit of hope and a surplus of hurdles. so they try to deal with the hope part of it. they say let's build you up, build this character up because you have all the hurdles to deal with. i say let's do both things as once. you have to deal with the structural problems, all the things we say that are not really getting covered but they are. because if somebody is predatory lending for mortgages and that's disproportionally black people, that is structural racism. that is a structural violence against the black family, against the black community, against black men. every one of those things, whether it be mass incarceration or disproportionate drug arrests or any of that, violence in schools or suspensions of black boys higher ratio. so we have to look at those and call those out for what they are and say, we have to deal with all of those both what the boys need to do differently but what we need to do differently as a society. >> i also want to bring in boyce watkins founder of your black world.com. boyc
many of those programs focus on personal character traits, which is you have a deficit of hope and a surplus of hurdles. so they try to deal with the hope part of it. they say let's build you up, build this character up because you have all the hurdles to deal with. i say let's do both things as once. you have to deal with the structural problems, all the things we say that are not really getting covered but they are. because if somebody is predatory lending for mortgages and that's...
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Mar 5, 2014
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during his tenure, the deficit was redutioned from $290 billion to $70 billion. the dow jones industrials more than tripled, unemployment decreased and more than 18 million new jobs were created. senator bob dole described secretary reuben as a man of honesty and integrity. alan greenspan called him one of the most respected treasury secretaries in history. when he retired in 1999, secretary reuben received glowing reports from democrats and republicans alike. here's what he said about climate change a few weeks ago. and i quote. there are a lot of significant monumental issues facing the global economy, but this one supersedes all else. experts are telling us inaction on climate change threatens the global economy. responding to this threat isn't about disadvantaging ourselves, it's about seizing opportunity. there are already 143,000 solar jobs and 80,000 wind jobs in the united states. winning the global clean energy race will mean millions of jobs and faster economic growth. competitors in china and europe understand this. we risk being left behind if we don'
during his tenure, the deficit was redutioned from $290 billion to $70 billion. the dow jones industrials more than tripled, unemployment decreased and more than 18 million new jobs were created. senator bob dole described secretary reuben as a man of honesty and integrity. alan greenspan called him one of the most respected treasury secretaries in history. when he retired in 1999, secretary reuben received glowing reports from democrats and republicans alike. here's what he said about climate...
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Feb 27, 2014
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there is a trust deficit here. when kerry asked if he trusted putin, he said, wolf, there is some value in putin and that's why you keep hearing from u.s. officials they are going to keep watching what russia does this weekend. we know they are watching closely from the air, from the ground to see if the troop movements amount to anything where they go into the country. >> reminds me sort of the worlds of ronald reagan's in the '80s, trust but verify. >> that's right. john kerry says verify, verify, and then verify. >> the situation is tense. jim sciutto, thank you very much. more on the rising tensions in the u.s. but just ahead, former chris christie aides contain new information about the bridscand and they are sparking new outrage. in fact, they depend on a unique set of nutrients. [ male announcer ] that's why there's ocuvite to help protect your eye health. as you age, your eyes can lose vital nutrients. ocuvite helps replenish key eye nutrients. ocuvite is a vitamin made just for your eyes from the eye care
there is a trust deficit here. when kerry asked if he trusted putin, he said, wolf, there is some value in putin and that's why you keep hearing from u.s. officials they are going to keep watching what russia does this weekend. we know they are watching closely from the air, from the ground to see if the troop movements amount to anything where they go into the country. >> reminds me sort of the worlds of ronald reagan's in the '80s, trust but verify. >> that's right. john kerry...
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Mar 5, 2014
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he cuts the military greatly in my opinion not for deficit reduction but for more domestic spending. it just shows the priorities have moved farther to the left and the point i'm trying to make here we have three years left of this administration and we have divided government. normally in a situation like that you would try to fine common ground, work forward common ground. he's moving away from that and tacked hard to the left. yes you could say that's because we're in an election year and that may be why. it's happening nevertheless. i don't know the reasons but he's moving to the left and it makes it hard to bridge to the gap. >> democrats will say they have tried to extend a hand and have not been reciprocated. >> we have a budget agreement. i want to see us build on that success. >> give me a preview of what the paul ryan budget will look like. in years past a lot of the saving have come from overhauling medicare and medicaid. are those proposals include in the paul ryan 2015 budget. >> those programs are going bankrupt and need to be restored, need to be solvent believe these
he cuts the military greatly in my opinion not for deficit reduction but for more domestic spending. it just shows the priorities have moved farther to the left and the point i'm trying to make here we have three years left of this administration and we have divided government. normally in a situation like that you would try to fine common ground, work forward common ground. he's moving away from that and tacked hard to the left. yes you could say that's because we're in an election year and...